Silver spot intraday: Choppy
|Gold spot: Choppy
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Pivot (invalidation): 1910.00
Our preference
Short positions below 1910.00 with targets at 1902.00 & 1898.00 in extension.
Alternative scenario
Above 1910.00 look for further upside with 1914.00 & 1920.00 as targets.
Comment
Intraday technical indicators are mixed.
Silver spot: Choppy
Pivot (invalidation): 24.5000
Our preference
Short positions below 24.5000 with targets at 24.1800 & 24.0700 in extension.
Alternative scenario
Above 24.5000 look for further upside with 24.6600 & 24.8500 as targets.
Comment
The RSI is mixed to bearish.
Crude Oil (WTI): Under pressure
Pivot (invalidation): 39.10
Our preference
Short positions below 39.10 with targets at 38.30 & 37.90 in extension.
Alternative scenario
Above 39.10 look for further upside with 39.40 & 39.80 as targets.
Comment
The RSI calls for a drop.
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